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<p>[QUOTE=&quot;The Penny Lady®, post: 668570, member: 16948&quot;]I think a buyer should take any and all references he feels comfortable with.&nbsp; However, using the Red Book as a pricing guide is only good for seeing that one particular year of coin is more rare than another.&nbsp; As far as pricing, remember that the Red Book is published almost a year earlier than the year listed on the book, so it is immediately out of date as soon as it is published, and if you&#039;ve had it a few months, all the more out of date.&nbsp; </p><p><br /></p><p>The Grey Sheet, as Doug mentioned is a monthly dealer to dealer price guide and is meant for dealers.&nbsp; I&#039;m not sure if you can even purchase it unless you have a resale number, but you also have to pay a minimum of $100 or so for a year&#039;s subscription.</p><p><br /></p><p>If you are new to coin collecting, it would be very helpful if you subscribed to a coin magazine such as Coin World or Numismatic News and you can also get a monthly Coin Values Magazine with your Coin World subscription for an extra fee or a Market Guide with Numismatic News.&nbsp; These can be very helpful and are updated monthly, so they would be more useful than the Red Book.</p><p><br /></p><p>There are also numerous price guides on the internet - PCGS has a good one that is updated probably weekly, but it is based on PCGS graded coins and is on the high end for retail prices, but at least it gives a a price for every specific grade and even separate prices for each color designation for copper, whereas most other pricing guides give prices for just some grades.[/QUOTE]</p><p><br /></p>

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